The Only 3 Charts You Need To Understand The Fiscal Cliff Resolution Process

Arguing semantics over cuts here, taxes there, we are close, etc. misses the entire premise of the entire political debacle that is now replaying in Washington. The simple fact of the matter is that our politicians will not cross the aisle, will not compromise, will not 'come together', will not 'rise above', will not 'think of the children' - until the market (that critical arbiter of everything that appears relevant to the elites) forces their hand. The following three charts should help clarify that for all market savants.   1. Political Polarization has never (NEVER!) been higher - and so expectations of any of these so-called men doing what is right is a joke...   2. Our Stock Market can do no wrong - thanks to Bernanke's (and Draghi's) visible hand, any concerns over downside scenarios are now so unambiguously removed from the distribution of policies that the supposedly...